Karachi: Shahtaj Textile Limited has unveiled its financial statements for the fiscal year ending June 30, 2026, marking a notable increase in profits despite a downturn in revenue. The report, dated October 7, 2026, outlines the company's performance in the textile sector, a key area within the designated market category.

The company's revenue from contracts with customers stood at 5.99 billion rupees, showing a decline from the previous year's 6.62 billion rupees. This represents a very large or significant move in the negative direction. Despite this decrease, Shahtaj Textile Limited achieved a gross profit of 768.93 million rupees, an improvement from the 647.73 million rupees reported in the previous year.

Operating expenses, including distribution, administrative, and other operating expenses, totaled 505.62 million rupees, slightly higher than last year’s 491.76 million rupees. Notably, the finance cost saw a reduction, amounting to 133.19 million rupees as compared to 189.31 million rupees the previous year.

The company's profit before levies and taxation reached 279.30 million rupees, up from 199.76 million rupees, reflecting a big move. After accounting for levies, which amounted to 87.81 million rupees, the profit before taxation was recorded at 191.49 million rupees, significantly higher than the 110.98 million rupees reported in the previous fiscal year.

According to information available from the Pakistan Stock Exchange (PSX), the company’s earnings per share increased to 19.82 rupees, a big move from the previous year’s 11.49 rupees. The financial performance underscores a strategic resilience amid fluctuating market conditions.

The report highlights that the company's focus on efficient cost management and strategic financial planning contributed to its enhanced profitability, despite the challenges in revenue generation.